{"data":{"id":"us-tx/tex.-local-government-code-107.004","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 107.004","heading":"PROCEEDS OF OBLIGATIONS ISSUED.","body":"The municipality shall deposit the net proceeds of obligations issued under Section 107.003 to the credit of the public pension fund. The amount deposited under this section becomes part of the public pension fund's assets.\nAdded by Acts 2003, 78th Leg., ch. 1271, Sec. 1, eff. Sept. 1, 2003.","path":["LOCAL GOVERNMENT CODE","TITLE 4. FINANCES","SUBTITLE A. MUNICIPAL FINANCES","CHAPTER 107. OBLIGATIONS FOR CERTAIN LIABILITIES TO PUBLIC PENSION FUNDS OF A MUNICIPALITY"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.107.htm#107.004","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"2c640f2476e05ce1153bfde5f3b044ca3a25c822ce169f3296cb8d2bc112f39e","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-107.0036","next":"us-tx/tex.-local-government-code-107.005"},"notice":"GroundRules: Original legal text. Not legal advice."}